Blue Island PLC

BLUE ISLAND PLC CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the period from 1 January to 30 June 2014

	30.06.14	30.06.13
	€	€
Turnover	7.664.069	7.224.110
Cost of sales	(4.950.809)	(4.770.914)
Gross profit	2.713.260	2.453.196
Other income	108.585	82.612
	2.821.845	2.535.808
Selling and distribution expenses	(2.085.542)	(1.980.781)
Administrative expenses	(499.760)	(493.163)
Other operating expenses	(11.250)	(10.855)
	225.293	51.009
Finance income	761	5.442
Finance costs	(86.567)	(105.422)
Profit/(loss) before tax	139.487	(48.971)
Tax	(31.174)	(3.212)
Net profit/(loss) for the period	108.313	(52.183)

Other comprehensive income	-	-
Total comprehensive income for the period	108.313	(52.183)

Basic and fully diluted gain/(loss) earnings
per share (cent)	0,70	(0,34)

	30.06.14 €	31.12.13 €
ASSETS
Non-current assets
Property, plant and equipment	6.936.419	6.981.742
Biological assets	275.948	287.198
Intangible assets	947.880	942.880
	8.160.247	8.211.820

Current assets Inventories	7.272.528	7.431.812
Trade and other receivables	1.195.852	972.099
Refundable taxes	57.688	82.307
Cash at bank and in hand	855.011	1.211.522
	9.381.079	9.697.740

Total assets	17.541.326	17.909.560

EQUITY AND LIABILITIES Equity
Share capital	2.624.430	2.624.430
Reserves	9.455.312	9.346.999
	12.079.742	11.971.429

Non-current liabilities Borrowings	565.703	662.686
Deferred tax liabilities	390.153	385.853
	955.856	1.048.539
Current liabilities
Trade and other payables	2.384.086	2.775.049
Borrowings	1.671.642	2.114.543
	4.505.728	4.889.592

Total equity and liabilities	17.541.326	17.909.560